Examlex
Notification may be implied when the principal does not object to a contract and accepts its benefits.
Handmade
Products or goods that are crafted using hand labor instead of mass production methods, often implying higher quality or artisanal value.
Noncooperative Low-Price Strategy
A market strategy where businesses independently set lower prices without coordinating with competitors, aiming to undercut the competition.
Tit-For-Tat Strategy
A reciprocal strategy where an entity responds to an action with a similar response, often used in game theory and conflict resolution.
High-Price Strategy
A marketing strategy in which a firm sets the price of its products higher than the competition, typically to signal superior quality.
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